Modeling a Dynamic Forest Sector in a General Equilibrium Framework
We develop a dynamic forest sector in a Computable General Equilibrium model. There has been an increasing demand in using general equilibrium models to examine forests' role in climate change mitigation, global land competition and the energy sector. But modeling forestry sector in a general equilibrium context remains an extremely difficult task due to the complex dynamics in forestry management and timer markets. The innovation of this study lies in introducing a land-based and dynamic forest sector and incorporating rational expectations in all the sectors.
|Date of creation:||31 May 2013|
|Date of revision:|
|Contact details of provider:|| Postal: 555 East Wells Street, Suite 1100, Milwaukee, Wisconsin 53202|
Phone: (414) 918-3190
Fax: (414) 276-3349
Web page: http://www.aaea.org
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sohngen, Brent & Golub, Alla & Hertel, Thomas, 2008. "The Role of Forestry in Carbon Sequestration in General Equilibrium Models," GTAP Working Papers 2610, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Sands, Ronald & Kim, Man-Keun, 2008. "Modeling the Competition for Land: Methods and Application to Climate Policy," GTAP Working Papers 2606, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Brent Sohngen & Robert Mendelsohn, 2003. "An Optimal Control Model of Forest Carbon Sequestration," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(2), pages 448-457.
- Golub, Alla & Hertel, Thomas & Sohngen, Brent, 2008. "Land Use Modeling in Recursively-Dynamic GTAP Framework," GTAP Working Papers 2609, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
When requesting a correction, please mention this item's handle: RePEc:ags:aaea13:149990. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.